PORTAL CFO Blog

How to Run a Small Business Effectively

If you are a small business owner, you may spend a lot of time thinking about how to run a small business effectively. There are so many things that go into it that they could never be entirely summed up in one place, but below are some of the most important things to keep in mind as you ponder how to run a small business effectively.

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May 17, 2013 at 12:18 pm | Business, Business Planning, Business Strategy, Small Business

How much office rent should I pay?

How much office rent should I pay?  This question has been asked a lot lately because our local business incubator is moving to another location.  Therefore, many companies now face the choice of taking space in the incubator’s new location or striking out on their own into the local market.  These choices have necessitated the use of local commercial real estate brokers who have provided an interesting wealth of information regarding the local office real estate market.  Keep reading as I will share with you the lessons that were taught to me over the past thirty years by some of the most successful operators in business.

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May 3, 2013 at 6:51 am | Business, Business Costs

Avoid financial problems by using smart budgeting

As an entrepreneur, it’s important for you to come up with the right small business budgeting strategies that will make sure your company stays on point and profitable.

With all the time, effort, and capital that you pour into your business, the last thing you want to see happen is for it to face some kind of trouble;  or even worse, failure due to financial mismanagement.   The right budget and careful financial oversight applied to your business practices will enable you to paint a clear road map for where you want to be and how you’ll eventually get there.

Let’s take a look at some of the things you can do to plan your business budget and you’ll see how crucial a component it is to your company’s overall success.

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April 12, 2013 at 10:27 am | Business, Business Costs, Business Planning, Business Strategy, Small Business, Uncategorized

Strategies to Reduce your Business Debt

In many cases, business debt is inevitable, especially during the earliest phases in a company’s development.  Depending on the kind of debt that it is, it could be eating into your profits and cash flow and keeping you from expanding your business the way that you want to.  It makes perfect sense that you want to get rid of any business debt you accumulate as quickly as possible.

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April 5, 2013 at 11:33 am | Business Costs, Business Management, Business Planning, Business Strategy, Small Business

Good Friday

A big “Thank You” to all of our blog readers!  I am humbled because what started out as a hobby, now has over 350 readers.  In observance of Good Friday, there will be no blog today.  Have a safe, holiday weekend and please join us next Friday.

Sincerely,

Manny Skevofilax

PORTAL CFO Consulting

Remember, running a business successfully does not need to be complicated.  Keep it simple!

Join our email newsletter to stay tuned for details on our upcoming teleseminar for small business success.

March 30, 2013 at 9:18 am | Uncategorized

Good Friday

A big “Thank You” to all of our blog readers!  I am humbled because what started out as a hobby, now has over 350 readers.  In observance of Good Friday, there will be no blog today.  Have a safe, holiday weekend and please join us next Friday.

Sincerely,

Manny Skevofilax

PORTAL CFO Consulting

Remember, running a business successfully does not need to be complicated.  Keep it simple!

Join our email newsletter to stay tuned for details on our upcoming teleseminar for small business success.

March 29, 2013 at 8:04 am | Small Business

Joe Mechlinski: Lessons in RESET

Today, we have a special treat for our readership.  My mentor, Joe Mechlinski, President and CEO of entreQuest, has written the guest blog post below.  Joe’s new book, Grow Regardless, made The New York Times best-selling list for strategies to use to expand your business.  If you are interested in expanding your business, please be sure to check out www.growregardless.com

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March 22, 2013 at 3:05 pm | Business Planning, Business Strategy, Small Business

New Small Business Loans: How to be Properly Prepared to Apply

Nothing is more rewarding and more satisfying than starting your own business. The freedom of being in control of your financial future is very intoxicating, and most people who get this type of freedom never look back.  In order to obtain your goal and become independent, you will need to find a source of funding for your business so that you can get the essential items and elements you will need to get the ball rolling. This funding usually comes in the form of loans that are geared toward helping small businesses get their start.

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March 15, 2013 at 12:29 pm | Business, Business Planning, SBA Small Business, Small Business